Life & Health Insurance

Bank of America is lowering its Price Objective on Aflac (NYSE: AFL) from $83 to $75. Aflac closed Wednesday at $50.45.

Morgan Stanley has lowered its price target on Aflac (NYSE: AFL) from $69 to $64 and maintains its Overweight rating.

Principal Financial Group, Inc. (NYSE: PFG) announced that its Board of Directors has renewed the authorization initially granted in 2007 for the repurchase of up to $250 million worth of the company's outstanding common stock. The Board had previously suspended the 2007 authorization.

According to Sterne Agee, Aflac (NYSE: AFL) CEO Amos reaffirmed AFL's guidance for 2011 of 8% EPS growth in constant currency (range removed) and provided initial outlook for 2012 of 0-5% EPS growth, also in constant currency. Sterne Agee said that against the current 2011E EPS of $6.30, this...

On May 16, 2011, the board of directors of StanCorp Financial Group (NYSE: SFG) authorized an additional 3 million shares of StanCorp common stock to its current share repurchase program. “At StanCorp, we seek to manage our capital opportunistically and with the long-term shareholder in mind,”...

CNO Financial Group, Inc. (NYSE: CNO) today announced that its board of directors has approved a common share repurchase program of up to $100 million, effective immediately. This program is intended to be implemented through purchases made from time to time over the next two years in either the...

Yahoo! Inc (YHOO) prized investment in Chinese Internet company Alibaba Group Holding Ltd has turned into a stock market millstone. Alibaba's recently disclosed spinoff of an online-payment unit called Alipay is raising worries about the value of Yahoo's 43 percent stake in Alibaba. Alibaba Group...

Kohl's Corp (NYSE: KSS) reported its Q1 earnings at $211 million, or $0.73 per share, versus $199 million, or $0.64 per share, in the year-earlier period. Its sales surged to $4.16 billion from $4.04 billion. However, analysts were expecting earnings of $0.73 per share on sales of $4.16 billion....

Delphi Financial Group, Inc. (NYSE: DFG) announced today that its Board of Directors declared a cash dividend of $0.12 per share on the Company's common stock for the second quarter of 2011, a 9% increase from its previous dividend of $0.11 per share. Such dividend will be payable on June 8, 2011...

US stock futures are lower this morning, after decline in global equity markets. Futures on the Dow Jones Industrial Average dropped 74 points to 12,523.00 and futures on the S&P 500 stock index fell 8.40 points to 1,330.30. Nasdaq 100 futures declined 20 points to 2,373.50. US stocks closed...

Aegon NV (NYSE: AEG) reported a 12% drop in its first-quarter net income on Thursday. The company's net profit came in at 327 million euros, down from €372 million, in the year-ago quarter. Its sales declined 2.1% to €1.41 billion. The company's underlying profit fell to €414 million from €446...

FBL Financial (NYSE: FFG) Reports EPS of $0.85 vs. $0.78 Estimate; Revenues $291.3M vs. $254.17M Estimate

The share owners of Protective Life Corporation (NYSE: PL) held their annual meeting today and declared a quarterly dividend of $0.16 per share, representing a 14% increase over the previous quarterly dividend. The Corporation's Board of Directors declared the quarterly dividend to be paid May 31...

Shares of MetLife, Inc. (NYSE: MET) are lower on the session by 0.49%, trading at $44.61. Overall put volume is now running at 3.19x the daily average, with 2% of all puts traded being purchases on the offer. 10,389 contracts have traded on the session so far. MetLife, Inc. is a provider of...

Shares of CNO Financial Group, Inc. (NYSE: CNO) are higher on the session by 0.65%, trading at $7.75. Overall put volume is now running at 50.51x the daily average, with 0% of all puts traded being purchases on the offer. 10,001 contracts have traded on the session so far. CNO Financial Group,...